WIlks Brothers political leanings

[Big Fin]

Do you think defense contractors who exist because of government contracts should be able to take advantage of the R&D or Section 199 Tax Credits?
What do you think of tax deferral structures, foreign owned IP, and inverted companies?

And IDCs, tax deferral for billion dollar hedge funds, transfer pricing rules, bank taxation rules that allow advance deduction for loan reserves, accelerated deduction for oil and gas expenditures beyond what is allowed for non-oil &gas businesses, percentage depletion deduction beyond cost basis of assets that were already written off, or (insert tax welfare provision here).

Then the subsidy programs of below market Federal royalties on oil, gas, and coal, below market grazing fees, protection to prevent competitive bid for grazing fees, agricultural subsidies (most of which go to large corporations), ethanol welfare, or (insert tax payer subsidy here).

I agree that individual welfare programs to the point of dependency and abuse are a very bad problem for the fabric of any society. Not just in terms of lost productivity, but also the mindset of not trying to better oneself. Yet, those programs designed toward individual welfare are a small part of government expenditures that fall into the larger category of "Welfare" as I define it, when compared to the other components of "welfare."

Biggest difference is that individuals get their welfare support in small doses and are often publicly identified for doing so. The non-individual welfare comes in huge doses of tens of billions of dollars and is usually buried as a tax-related topic in some obscure legislation.

I view them as the same thing; government helping one party/person/group/industry with the money from some other person. We can argue all day which is a better way to allocate the other person's money, but it is hard to deny that they are both handouts.

Reading tax legislation is painful and tedious, but doing so sure gives one a better perspective of who is sucking on the government teat and how big of a teat they have attached to.

 

[jryoung]

I use to audit a semiconductor company here in Silicon Valley. They had roughly $12B in annual revenue, generated over $70M a quarter in free cash and had a US cash income tax rate of 2%. They did a wonderful job of hiring workers on H-1B visa too. Though we don't want to teach computer science here in America at the capacity we should.

 

[BuzzH]

In a surprise to absolutely...nobody, the Wilks Bro's support a tea party candidate that wants to steal public lands.

When you get caught breaking the law, for example something like fencing off public land, just pay someone 15 million to change the law you broke.

 

[noharleyyet]

Though we don't want to teach computer science here in America at the capacity we should.

Isn't it Cali that doesn't allow little Johnny to be expelled if he beats up the teacher?

 

[jryoung]

Isn't it Cali that doesn't allow little Johnny to be expelled if he beats up the teacher?

Section 48900(a)(1) and (2) say expulsion is authorized for violence or threatened violence.

 

[RobG]

In a surprise to absolutely...nobody, the Wilks Bro's support a tea party candidate that wants to steal public lands.

When you get caught breaking the law, for example something like fencing off public land, just pay someone 15 million to change the law you broke.

Why pay that much, IIRC the legislator from Lewistown introduced a bill that would have made the Wilks' fence legal. If Cruz was elected I wonder how long it would be before that land would be transferred to the Wilks.

 

[noharleyyet]

Section 48900(a)(1) and (2) say expulsion is authorized for violence or threatened violence.

So it's now called willful defiance?

 

[Ben Lamb]

I've got a great idea. Montana game-fish should institute a new law requiring all successful hunters to donate 70% of the meat from their harvest. I mean there were unsuccessful hunters that shouldn't have to go without. Take from the haves, to ensure everything is fair. Chances are you probably didn't work too hard for that animal anyway.

Sound like a winner? Maybe it's something we could all get behind, you know....for the greater good.

Maybe bha could get behind that cause....i can see it now "equality for all hunters".

Maybe just 30%.

When we did a doe safari for a number of years, the only prerequisite was that you had to donate at least one doe to the local foodbank or the financial equivilent ($100).

I also helped (Although a huge amount of credit goes to MOGA on this) with the Hunters against Hunger bill in MT That voluntarily asks that hunters donate for the processing of critters that are donated to local food shelters. Here's one example of all voluntary charity working, you should celebrate that, even if it did take legislation to help make it work.

http://fwp.mt.gov/news/newsReleases/hunting/nr_2189.html

 

[Ben Lamb]

So it's now called willful defiance?

Or as Texans call it, manning the recruiting station.

 

[Ben Lamb]

And IDCs, tax deferral for billion dollar hedge funds, transfer pricing rules, bank taxation rules that allow advance deduction for loan reserves, accelerated deduction for oil and gas expenditures beyond what is allowed for non-oil &gas businesses, percentage depletion deduction beyond cost basis of assets that were already written off, or (insert tax welfare provision here).

Then the subsidy programs of below market Federal royalties on oil, gas, and coal, below market grazing fees, protection to prevent competitive bid for grazing fees, agricultural subsidies (most of which go to large corporations), ethanol welfare, or (insert tax payer subsidy here).

I agree that individual welfare programs to the point of dependency and abuse are a very bad problem for the fabric of any society. Not just in terms of lost productivity, but also the mindset of not trying to better oneself. Yet, those programs designed toward individual welfare are a small part of government expenditures that fall into the larger category of "Welfare" as I define it, when compared to the other components of "welfare."

Biggest difference is that individuals get their welfare support in small doses and are often publicly identified for doing so. The non-individual welfare comes in huge doses of tens of billions of dollars and is usually buried as a tax-related topic in some obscure legislation.

I view them as the same thing; government helping one party/person/group/industry with the money from some other person. We can argue all day which is a better way to allocate the other person's money, but it is hard to deny that they are both handouts.

Reading tax legislation is painful and tedious, but doing so sure gives one a better perspective of who is sucking on the government teat and how big of a teat they have attached to.

Amen.

 

[backsmasher23]

I agree that individual welfare programs to the point of dependency and abuse are a very bad problem for the fabric of any society. Not just in terms of lost productivity, but also the mindset of not trying to better oneself. Yet, those programs designed toward individual welfare are a small part of government expenditures that fall into the larger category of "Welfare" as I define it, when compared to the other components of "welfare."

Ding, Ding!! +1

 

[RobG]

Maybe just 30%.

When we did a doe safari for a number of years, the only prerequisite was that you had to donate at least one doe to the local foodbank or the financial equivilent ($100).

Some ungreedy bastards even donated two .

 

[schmalts]

Too bad for Cruz, besides the public land thing, Cruz is pretty spot on with a lot of things, like how he just called out Mitch Mcconnell in front of the whole senate for being a lying scum. When he was scolded by "Senior Senators" he said "I don't work for you I work for my constituents".
That speaks volumes to me. The whole political system is so corrupt with a-holes taking bribe money from big corporations and billionaires that I don't know how we can get out of this. Term Limits!!!!

 

[tjones]

My money (or beer) is on Walker.

You haven't paid up on your last round of beer bets.

 

[JWP58]

Maybe just 30%.

When we did a doe safari for a number of years, the only prerequisite was that you had to donate at least one doe to the local foodbank or the financial equivilent ($100).

I also helped (Although a huge amount of credit goes to MOGA on this) with the Hunters against Hunger bill in MT That voluntarily asks that hunters donate for the processing of critters that are donated to local food shelters. Here's one example of all voluntary charity working, you should celebrate that, even if it did take legislation to help make it work.

http://fwp.mt.gov/news/newsReleases/hunting/nr_2189.html

That's voluntary. We need legislation mandating, with stiff penalties for noncompliance.

Cause after, we need to do what's fair....you said so yourself.

 

[Ben Lamb]

That's voluntary. We need legislation mandating, with stiff penalties for noncompliance.

Cause after, we need to do what's fair....you said so yourself.

As a nation, do you believe that we should only look out for our individual selves, or for our entire citizenry?

 

[BuzzH]

You haven't paid up on your last round of beer beats.

Its his "conservative" side that made him do it.

 

[JWP58]

As a nation, do you believe that we should only look out for our individual selves, or for our entire citizenry?

I'm on board with you man....for the greater good! Heck I'd love to continue the mind warping socialism lesson, but i have to go to work...somebody's got to buy those 22" rims and flat screen tv's for the worthless unproductive portion of society.....because what's fair is fair!

P.S. take a long hard look at how ridiculous it would be to be legally required to give up 40% of the meat from a bull elk you busted your ass to kill. Good thing the federal government doesn't do that to every paycheck you'll earn.

 

[BuzzH]

Take a long hard look at how ridiculous your comparison/argument is...for starters.

 

[Ben Lamb]

I'm on board with you man....for the greater good! Heck I'd love to continue the mind warping socialism lesson, but i have to go to work...somebody's got to buy those 22" rims and flat screen tv's for the worthless unproductive portion of society.....because what's fair is fair!

P.S. take a long hard look at how ridiculous it would be to be legally required to give up 40% of the meat from a bull elk you busted your ass to kill. Good thing the federal government doesn't do that to every paycheck you'll earn.

As a small business owner, I'm pretty sure I have a firm understanding of how much Uncle Sugar takes not only from my paycheck, but from my profit and any employee or subcontractor as well.